SequelSEC

iPower Inc. IPW

Retail-Building Materials, Hardware, Garden Supply · CIK 0001830072 · Fiscal year ends 0630

AnnualQuarterlyTTM
Revenue
$1.43M
Fiscal year ended 2026-06-30
Operating income
-$9.29M
Fiscal year ended 2026-06-30
Free cash flow
Unavailable
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$9.78MMarket value of stock held by non-affiliates, as stated on the cover page for 2024-12-31
Float per share$0.31Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.1×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.5×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2024-12-31, not today, and each multiple below it uses the figures for the fiscal year ending 2025-06-30 — the year that filing covered.

How this compares in its industry

Percentile among the Retail-Building Materials, Hardware, Garden Supply filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Revenue YoY growth-68.4%0th
Current ratio1.47x25th
Gross margin20.2%50th

iPower Inc. (IPW) reported revenue of $1.43M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from iPower Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Retail-Building Materials, Hardware, Garden Supply.

Income

iPower Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$1.43M$3.50M$7.13M$12.02M$10.58M$16.04M$19.07M$19.01M$19.45M$23.31M
Cost of revenue$4.23M$2.74M$3.99M$7.21M$6.11M$9.19M$10.68M$10.52M$10.78M$12.94M
Gross profit-$2.80M$755.55K$3.14M$4.81M$4.47M$6.86M$8.39M$8.49M$8.68M$10.37M
Operating income-$9.29M-$1.14M-$2.44M-$1.70M-$3.51M-$334.50K$683.61K-$2.75M$1.26M$1.60M
Net incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$218.82K-$2.03M$657.10K$1.02M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableshares 1.45Mshares 1.10Mshares 1.05MUnavailableshares 1.05Mshares 1.05Mshares 1.05MUnavailableshares 29.82M
Pretax income-$8.06M-$5.61M-$2.01M-$997.23K-$3.56M-$382.22K$336.18K-$2.67M$989.73K$1.39M
Income tax expense-$1.24M-$326.50K-$820.51K-$463.58K-$711.20K$6.36K$120.51K-$636.51K$336.31K$377.15K
Diluted EPSUnavailable$-2.38$-1.08$-0.51Unavailable$-0.33$0.21$-1.94Unavailable$0.03
Selling, general & administrativeUnavailableUnavailable$2.50M$1.32M$2.35M$1.91M$3.08M$5.32M$2.90M$3.32M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

iPower Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$478.04K$713.68K$2.01M$903.98K$1.68M$2.19M$2.88M$2.58M$7.22M$2.71M
Total assets$28.99M$31.31M$34.00M$28.59M$35.64M$40.51M$43.87M$42.40M$51.30M$50.42M
Current assets$10.65M$14.50M$14.69M$11.83M$19.37M$24.81M$28.28M$26.33M$35.01M$33.06M
Total liabilities$12.04M$14.16M$16.01M$10.67M$17.37M$19.79M$22.17M$21.26M$28.28M$31.45M
Current liabilities$7.26M$6.60M$8.02M$8.12M$14.45M$12.95M$14.51M$14.18M$23.77M$26.50M
Total equity incl. NCI$16.94M$17.15M$17.98M$17.92M$18.28M$20.72M$21.70M$21.13M$23.02M$18.97M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$0$2.54M$3.61M$4.33M$8.13M$9.77M$9.18M$8.67M$10.55M$11.87M
Accounts receivable$4.37M$7.06M$5.17M$5.11M$6.12M$10.18M$13.93M$12.28M$14.74M$16.84M
Goodwill$0$0$3.03M$3.03M$3.03M$3.03M$3.03M$3.03M$3.03M$3.03M
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailable$3.02M$3.06M$3.60M$7.18M$8.03M$8.85M$8.35M$11.23M$14.20M

Cash flow

iPower Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow-$593.86K-$333.51K-$922.56K$1.69M-$78.97K$887.71K$27.72K-$1.42M$1.01M$106.22K
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$0$0
Investing cash flow$989.45K-$77.45K-$4.56M-$1.04M-$522.32K-$855.56K-$462.23K-$202.14K$0$0
Financing cash flow$2.56M-$884.27K$6.60M-$1.78M$169.56K-$610.54K$750.21K-$3.31M$3.70M$1.08M
Net change in cash$3.02M-$1.30M$1.11M-$1.10M-$184.36K-$685.20K$300.15K-$4.80M$4.66M$1.23M
Stock-based compensation-$458.23K$150.20K$950.20K$150.20K$129.78K-$546.05K$197.31K$205.96K$122.96K$130.46K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$182.30K$183.27K$197.55K$198.20K$193.50K$193.91K$196.01K$196.56K$196.98K$196.90K

Derived

iPower Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.01MUnavailable
Gross margin-195.2%21.6%44.0%40.0%42.3%42.7%44.0%44.7%44.6%44.5%
Operating margin-648.0%-32.7%-34.2%-14.1%-33.1%-2.1%3.6%-14.4%6.5%6.9%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable5.2%Unavailable
SBC / revenue-32.0%4.3%13.3%1.2%1.2%-3.4%1.0%1.1%UnavailableUnavailable
Current ratio1.47x2.20x1.83x1.46x1.34x1.92x1.95x1.86x1.47x1.25x
Revenue YoY growth-86.5%-78.2%-62.6%-36.8%-45.6%-31.2%13.5%-28.3%-16.9%15.2%
Net marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.0%Unavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable35.8%UnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open IPW in the interactive workspace to inspect any figure back to its filing.

Source filings

10-K · Filed 2026-10-02View SEC filing
10-Q · Filed 2026-05-20View SEC filing
10-Q · Filed 2026-02-20View SEC filing
10-Q · Filed 2025-11-14View SEC filing
10-K · Filed 2025-10-09View SEC filing
10-Q · Filed 2025-05-15View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.